CEO Ivan Seidenburg

(NewsVisual, powered by IntellectSpace ) -- Since the wireless-services agreement between Qwest Communications International Inc (NYSE: Q) and Sprint Nextel Corp (NYSE: S) is due to expire next year, business news reports have already begun to appear that claim Qwest is considering dumping Sprint as a partner and instead is seeking a new agreement Verizon Communications Inc (NYSE: VZ). Although The Wall Street Journal first broke the story on Wednesday morning in an article that was based...Read Full Story

NEW YORK — Verizon Communications Inc. has named the head of its wireless division, Lowell C. McAdam, as its chief operating officer, setting him up as a successor to the CEO. The move announced Monday clarifies the succession at Verizon after it said a week ago that chief financial officer John Killian plans to retire at the end of the year. He has been at the job for a year and a half. CEO Ivan Seidenberg, 63, has led the company for the past decade. McAdam, 56, starts in his new job...Read Full Story

Verizon Communications Inc is beginning at present an unrestricted wireless calling examination endeavored at diminutive businesses, to assist battle with AT&T over business clients. The arrangement comprises limitless calls to up to 5 landline numerals, and a permanent monthly cost per wireless procession of $4.99. The party is at present the No. 2 US wireless delivery service, but is inching its way in the direction of thumping AT&T off the pinnacle slot. Some in the diligence have...Read Full Story

Verizon Communications Raises Quarterly Dividend 2.6 Percent to 48.75 Cents per Share PR Newswire — September 2, 2010 NEW YORK,Sept. 2 /PRNewswire/ –The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 48.75 cents per outstanding share, an increase of 1.25 cents per share, or 2.6 percent, from the previous quarter. On an annual basis, this increases Verizon’s dividend 5 cents per share, from $1.90 to $1.95 per share. The...Read Full Story

Verizon Communications Announces Common Stock Repurchase Authorization for Up to 100 Million Shares PR Newswire — February 3, 2011 NEW YORK, Feb. 3, 2011 /PRNewswire/ — Verizon Communications Inc. (NYSE, NASDAQ: VZ) announced today that its Board of Directors has authorized the corporation to repurchase up to 100 million shares of its common stock. The board also determined that no additional shares may be acquired under a previously approved program to repurchase up to 100 million...Read Full Story